Big changes in Australia lead this week’s review of personnel moves from around Asia Pacific, with Lendlease naming a new head of development after losing a top executive to AirTrunk. That Blackstone-backed data centre player also makes the list with… Read More>>
Bain-Backed Bridge Data Centres Buying Malaysia Site From IOI Properties for $188M
Bain Capital-backed Bridge Data Centres has agreed to buy three plots near Kuala Lumpur from Malaysia’s IOI Properties Group for MYR 740.7 million ($187.7 million).
The deal for the land at IOI Industrial Park in Banting, southwest of the capital,… Read More>>
Macquarie Launches $7.5B Bid for Aussie Logistics Operator and More Asia Real Estate Headlines
Australia’s Macquarie Asset Management is making its biggest bet ever on its home market, with news of that $7.5 billion deal leading Mingtiandi’s headline roundup today. Also making the list are a new offer for a Singapore auto showroom and… Read More>>
Malaysia’s IOI Exploring $8B in REIT Listings and More Asia Real Estate Headlines
The return of REITs leads today’s look at real estate investment news from around Asia, with a Malaysian developer said to be looking at listing opportunities for its growing portfolio of commercial assets. China’s JD Property also makes the news… Read More>>
CICT Closes on $810M CapitaSpring Deal in Singapore and More Asia Real Estate Headlines
A pair of Singapore consolidations lead today’s review of real estate news from around Asia, as a CapitaLand-managed REIT completes its purchase of the remaining stake in the CapitaSpring tower and Frasers Property buys the remaining units in a suburban… Read More>>
Singapore Trims Housing Pipeline as Market Cools and More Asia Real Estate Headlines
The Singapore government cuts back on its residential land sales programme, with that policy move leading today’s headline roundup. Also in the news, Malaysia’s IOI Properties plans an SGX-listed REIT and China’s COSCO joins the consortium to buy Li Ka-shing’s… Read More>>
CDL Selling 50.1% Stake in $2.1B Singapore Complex to JV Partner IOI Properties
SGX-listed City Developments Ltd has agreed to sell its 50.1 percent interest in a central Singapore mixed-use complex to its joint venture partner, Malaysia’s IOI Properties Group, in a deal valuing the asset at S$2.75 billion ($2.1 billion).
CDL is… Read More>>
Singapore to Make Ong Beng Seng Decision Soon and More Asia Real Estate Headlines
Singapore law enforcement officials are nearing a decision on the fate of property tycoon Ong Beng Seng, with that story leading Mingtiandi’s headline roundup. Also making the list, BlackRock says it will refrain for the time being from further real… Read More>>
Clementi Residential Site Tender Launched in Singapore and More Asia Real Estate Headlines
Singapore land sales lead this edition of Mingtiandi’s headline roundup, with the government launching a tender for a residential site in the city-state’s western region. Also in the news, China Evergrande’s embattled founder is said to be detained in Shenzhen… Read More>>
Hong Kong Home Price Decline Accelerated in July and More Asia Real Estate Headlines
Hong Kong’s housing market woes lead this edition of Mingtiandi’s headline roundup, as private home prices fall for a third straight month and at a quickened pace. In other news, China Resources Land reports a steep profit drop and Malaysia’s… Read More>>